Shanghai LifenGas Co., Ltd. (hereafter referred to as “LifenGas") has completed a new round of strategic financing, with CLP Fund as the sole investor. TaheCap served as the long-term exclusive financial advisor. Over the past two years, LifenGas has successfully completed four rounds of financing, earning support and recognition from various investors including industrial capital, state-owned investment platforms, and private equity firms amongst others.
Historical Review: Founded in 2015, LifenGas pioneered an electronic material recycling model that has significantly reduced costs and improved supply chain stability for its customers. The company has expanded its product lines around this circular model, developing a comprehensive business portfolio covering photovoltaic, new materials, and semiconductor sectors. Its operations now span Southeast Asia, Europe, the United States, the Middle East, and other international regions. Despite market uncertainties, LifenGas has achieved growth against market trends, emerging as a leading enterprise in electronic gas and electronic chemicals recycling.
LifenGas Win-Win Cooperation: CLP Fund's investment team strongly endorses LifenGas's industry-leading technological expertise and business advantages in purifying and recycling industrial gases and electronic chemicals. CLP Fund believes these capabilities will effectively support cost reduction and efficiency improvements for enterprises in the photovoltaic and semiconductor industries, aligning with national goals for green and low-carbon development. The Fund is optimistic about LifenGas's continued growth in the broader semiconductor space and will leverage its extensive electronic information industry resources to help LifenGas become a market leader in industrial gas and electronic chemical recycling.
Hand in Hand, A New Chapter for a Green Future: This financing round not only demonstrates the company's stable development and market potential but also reflects the unwavering trust and support from both existing and new partners. We extend our deepest gratitude to all partners who have supported LifenGas's development!
LifenGas will continue to uphold its spirit of innovation, pragmatism, and efficiency as we strive for higher-quality development. We once again thank all our partners for their support and trust. Let us work together to create a better future!
Together, We Ride the Waves of the Wind!
Post time: Nov-08-2024
